• AUD/USD +0.05% early Mon, markets cautious as AI trade concerns linger

• RBA's Hunter acknowledges government spending contributing to inflation

• AU Q3 CPI release due Wed, Reuters poll consensus 1.3% q/q, +3.9% y/y

• Futures pricing currently implies 62.3% chance of 25 bps RBA hike Nov 3

• AUD likely to encounter sellers between 0.7033 100-DMA & 0.7053 200-DMA

• Brent crude $116.72 a barrel amid ongoing Middle East turmoil, gold -0.7%

• Range early Asia 0.7027-385 support 0.6865 0.6834, resistance 0.7053 0.7282
AUD Daily 21/100/200-DMA


Brent Crude Daily & Gold Daily

(James Connell is a Reuters market analyst. The views expressed are his own.)